🔥 POWELL'S SPEECH SUMMARY :
🚨Powell said unemployment is low and the job market is strong, but inflation is still above the 2% target. The current monetary policy gives the Fed room to respond to changes. Inflation expectations rose after tariff news, and some product prices already show the effect. The overall impact of tariffs on the economy is still uncertain. GDP numbers matched expectations. Most members of the FOMC agreed inflation is too high and employment is strong, but two members had different views. No decision has been made yet for the September meeting.
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